Stagflation Concerns Drive Gold Higher Ahead of Reciprocal Tariff Announcement

25.03.26

Gold prices edged up 0.2% to $3,026.38 an ounce on Wednesday as markets brace for President Trumpโ€™s sweeping reciprocal tariff plans expected on April 2. Analysts warn these policies could create a stagflationary scenario โ€“ combining high inflation with slow economic growth โ€“ which typically supports gold prices. U.S. consumerโ€ฆ

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